The Russian steel pipe producer TMK Group (TMK) has announced that in 2010 it saw a 42.2 percent year-on-year increase in its steel pipe shipments to about 3.97 million mt, and that in 2011 it expects to further increase its deliveries by 7-10 percent year on year, if the current strong market trends continue to prevail.
Shipped steel pipe product |
Q4 2010 (mt) |
Q3 2010 (mt) |
Change q-o-q |
2010 (mt) |
2009 (mt) |
Change y-o-y |
Seamless steel pipes |
595,000 |
507,000 |
+17.4% |
2,161,000 |
1,670,000 |
+29.4% |
Welded steel pipes |
514,000 |
489,000 |
+5.1% |
1,808,000 |
1,122,000 |
+61.1% |
Total pipes |
1,109,000 |
996,000 |
+11.3% |
3,969,000 |
2,792,000 |
+42.2% |
Including OCTG |
368,000 |
347,000 |
+6 % |
1,444,000 |
1,046,000 |
+38.1% |
TMK's OCTG pipe shipments increased by 38.1 percent in 2010 over 2009, with its share of the Russian market for seamless OCTG pipes for the 12 months of 2010 amounting to approximately 60 percent.
In addition, due to large-scale investment programs at Russia's gas monopoly Gazprom and oil pipeline monopoly Transneft, there was strong demand in the Russian market in 2010 for large diameter (LD) steel pipes, which enabled TMK to increase shipments of LD steel pipes in 2010 to 671,000 mt - up 116.9 percent over 2009.
In 2010, TMK also shipped 397,000 premium connections developed at its Russian (TMK connections) and American (ULTRA connections) divisions - up 27.2 percent compared to 2009.